I believe hell has just frozen over.
U.S. Sens. Ted Cruz and John Cornyn, two stalwart Texas Republicans, have locked arms with the Democratic president of the United States, Barack Obama, in support of a student loan bill that rolls back a plan to double interest rates for students who have to pay back their college loans.
I’m pinching myself. I’m still here, yes?
The bill sailed through the Senate with an 81-18 vote. Republican Utah Sen. Mike Lee was the lone GOP vote against it; Democrat Claire McCaskill of Missouri did not vote.
And get a load of this: The Republican-controlled House of Representatives is expected to approve the legislation in about a month, enabling the president to sign quickly into law.
The bill essentially ties student loan interest rates to the market, which effectively kills the plan that would have doubled theĀ interestĀ rates students would be charged. The effect of that would have a serious impact onĀ non-scholarship students’ ability to pay for college.
We all want our young people to get as much education as possible, yes?
As the San Antonio Express-News reported, the bill would have an impact on approximately 650,000 Texas college students.
I’m glad — no, delighted — to see this demonstration of bipartisanship, especially when it involves two fire-breathing Republican senators from Texas.
I do not, though, expect it continue. Politics is politics,Ā you know, and that means the two sides are going to look for reasons to sink their teeth into each other’s throat.Ā